Cisco Systems, Inc. CSCO was a big mover last session, as the company saw its shares rise roughly 10% on the day. The move came on the company’s announcement of strong results for second-quarter 2016 (ending Jan 23, 2016) on Feb 10, 2016. This led to solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $22.51 to $23.85 since Jan 15, 2016.

The company has seen 2 negative revisions in the past 7 days, while its Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.

Cisco Systems currently has a Zacks Rank #3 (Hold).

A better-ranked stock in the same space is Netgear Inc. NTGR, sporting a Zacks Rank #1 (Strong Buy).

Is CSCO going up? Or down? Predict to see what others think: Up or Down

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